The Attorney General of North Carolina has announced a consent judgment with the president and chief executive officer of two debt collection companies — and the companies, as well — that will see the forgiveness of $23 million in unpaid debts, $225,000 in restitution to consumers, and nearly $30,000 in …
Read More »Bill Introduced in N.C. to Restrict How Medical Debts are Collected
A bill has been introduced in the North Carolina General Assembly that would set new rules for how medical debts are collected in the state and one need look no further than the name of the bill to get a sense of where the authors got the idea for the …
Read More »Report Calls Out N.C. Hospitals to Fix Medical Debt and Charity Care Options
Almost one-third of the total amount of bad debt incurred at hospitals in North Carolina is attributable to individuals who would have otherwise qualified for charity care — three times higher than the national average, according to a report that has been released by the state’s Office of the Treasurer. …
Read More »States Sue Bank Regulator to Overturn ‘True Lender’ Rule
A group of eight state attorneys general filed suit yesterday in federal court in New York to block a rule that was issued by the Office of the Comptroller of the Currency that aimed to close a gap in the process of banks selling loans to third parties, such as …
Read More »State AGs Line Up Against BCFP to Fight For Public Access to Complaint Database
The new attorney general of New York is picking up the consumer protection battle right where her predecessor left off, and is planning on taking on the Bureau of Consumer Financial Protection. Barbara Underwood, who took over from Eric Schneiderman last month when he resigned abruptly, said she is leading …
Read More »